China’s Rare Earths Grip Gives Xi Leverage in US Trade Duel
Written by Black Hot Fire Network on June 3, 2025
(Bloomberg) -- After the US and China agreed in Geneva to lower tariffs from astronomical heights, tensions are now surging over access to chips and rare earths. And Beijing increasingly appears to have an edge.
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President Donald Trump on Friday accused China of violating the agreement struck last month, and sought a call with Xi Jinping to sort things out.
The main sticking point appears to be critical minerals, with US officials complaining Beijing hadn’t sped up . . .
